Tag Archives: Toshiba

It has taken months of work, but PriceWaterhouseCoopers Aarata LLC (PwC) has finally signed off on Toshiba Corporation’s financial results for fiscal 2016 and the first quarter of fiscal 2017. This means that Toshiba has most likely avoided being delisted from the Tokyo Stock Exchange—for now. Toshiba’s shares have already been demoted to the second section

On August 8, Toshiba Tec reported its financial results for the first quarter of fiscal 2017. The news comes as the owner of the majority of Toshiba Tec’s shares, Toshiba Corporation, has been working with its auditor to get it to sign off on Toshiba’s fiscal 2016 results at long last. Toshiba Corporation estimates it

Anyone who has ever worked in a busy office knows that big printers can be complicated. So many steps. So many buttons. That’s why Toshiba has launched Elevate, a user-interface technology that basically puts complex operations on speed dial. “Toshiba’s new Elevate platform sets the foundation for what promises to be a highly intuitive user

In a sign of how the fortunes of Japanese electronics companies have shifted, Seiko Epson will be replacing Toshiba Corporation on the Nikkei stock average as of August 1. Nikkei Asian Review reported on July 10 that Nikkei Inc. has announced that Epson will replace Toshiba on the Nikkei stock average, also known as the

European Union (EU) regulators have been busy in recent weeks issuing fines. Last week, Google made news after EU regulators decided to levy a €2.4 billion ($2.7 billion) fine against the company for breaking antitrust laws by promoting its own services in shopping search results. Now, Canon may very well face an even bigger fine.

Another day, another chapter in Toshiba’s ongoing fight for survival. Last week, Toshiba missed a self-imposed deadline to agree to a bid for its flash memory chip unit and filed litigation against Western Digital for interfering in the bid process (see “Toshiba Misses Deadline on Chip Unit Sale Agreement, Files Litigation against Western Digital”). This

On June 28, Toshiba executives showed up empty-handed to an annual shareholders meeting and faced angry investors expecting to see a signed deal on the sale of the company’s chip unit. “Once again, I apologize deeply from my heart for causing so many problems,” Toshiba’s chief executive, Satoshi Tsunakawa, told hundreds of shareholders in Tokyo,

On June 12, Toshiba America Business Solutions (TABS) announced a new A3 MFP designed for environmentally-conscious businesses. The new e-STUDIO4508LP, which the company describes as “the world’s first hybrid copier capable of producing erasable as well as standard monochrome prints,” allows businesses to print and copy on paper and then erase and reuse that paper

A Japanese-led consortium reportedly offering at least $18 billion for Toshiba’s chip unit has said it wants the struggling tech giant to resolve its legal dispute with Western Digital before selling, according to Reuters. Toshiba had planned to choose a winning bidder last week but has pushed the decision to June 28, the date of

Toshiba Corporation just can’t catch a break. The enormous Japanese conglomerate is struggling with accounting issues that have prevented it from filing audited financial results, billions of dollars in losses stemming from its bankrupt-U.S. nuclear unit, potential delisting from the Tokyo Stock Exchange, and the urgent need to sell its prize memory chip division. When